EL,
You make some good points, and I would agree that $750m cash is probably too conservative (unless the OZL board knows a lot more than we do - which - I would hope is the case!!!)
The only caveat that I would add is that the board may be wanting to do an accelerated development of C and Munda. Remember that cash burn could be quite substantial for this case (much greater than P Hill free cash flow), and the board may be holding the $750m in reserve for this.
HT1
p.s. Any other alternatives other than AOH and RXM?
- Forums
- ASX - By Stock
- OZL
- ozl strategy
ozl strategy, page-23
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity